Nomura Predicts Nifty 50 Index to Reach 29,300 Points by 2026, a 12% Increase

Nomura forecasts a 12% rise in the Nifty 50 index to 29,300 points by 2026, driven by renewed economic momentum, earnings growth, and supportive policies. The firm's optimistic outlook aligns with HSBC and JPMorgan's projections, and is supported by improved earnings, stable valuations, and robust economic growth. Nomura advises investors to adopt a selective, bottom-up investment strategy.